Arsenal are trying hard to complete the signing of Houssem Aouar from Lyon who is Mikel Arteta’s top target in this window.
The Gunners have tabled two bids for the Frenchman, opening (£32.9 million) (£34.7 million).
Lyon turned down both bids (RMC Sport) but there has been optimism in and around the club that a deal could be completed soon.
However, Arsenal could now miss out even if they return with a better bid.
According to RMC Sport, Italian champions Juventus have entered the race to sign Aouar before the window closes next week.
Juve contacted Lyon on Monday to enquire about a transfer and the report claims they are serious contenders for his signature.
That could prove a massive blow for Arsenal who until now had been the only team in the race for Aouar.
Who wouldn’t want the opportunity to play alongside Cristiano Ronaldo? It’d be a dream come through for Aouar – and any playmaker.
Lyon president Jean-Michel Aulas claimed this week that Aouar’s deal would have to be completed by Friday.